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Automating Incentive Compensation for Increased Productivity and Immediate Cost Reduction
Studies show that 75% of companies currently calculate commissions using spreadsheets and Gartner estimates that 8% of overpayments on bonuses and commissions are due to these manual, error-prone, and outdated processes.
Not only are your finance’s suffering, but 90% of end-user claim they are dissatisfied with their company’s spreadsheet strategy.
To mitigate these issues, forward-thinking organizations are implementing incentive compensation management (ICM) applications that automate all calculations and incentive payment processes. Read this exclusive paper to learn more about the advantages ICM applications have to offer, including:
- Eliminating manual errors
- Improving efficiency
- Ensuring accuracy
- And more.